Miller’s Musings (February 17, 1992)
Times are tough in Canada. Not only is the economy stalled in a recession, but even when the recovery comes, we will have to find our way in a global village where the street signs keep changing. To c…
News
Slipping Sleeper lowers Amax Gold’s ’91 earnings
Net earnings for the year ended Dec. 31, 1991, slipped about 25% for miner Amax Gold (NYSE). The company reports net earnings of US$21.2 million, or 35 cents per share, compared with earnings of US$28…
Vancouver Stock Exchange (February 17, 1992)
The VSE indices posted strong gains during the week ended Feb. 11, with the composite index adding 21.43 points to finish at 653.8 and the resource index bouncing off the 500 level to close up by more…
New financing for Radisson
A recent private placement at 20 cents per share raised $170,000, Radisson Mining Resources (ME) reports. The proceeds will be used to start an exploration program on the company’s Duquesne property n…
Starmin, Adonos update Hinobaan reserve estimate
Shareholders of both Gateford Resources (ASE) and Landmark Corp. (TSE) recently approved an amalgamation of the two companies. The name of the amalgamated company will be Landmark Corp.
Year-old service offers independent stock analyses
Investors looking for a thorough analysis of stocks are usually left with two choices — their own research or the analysis of a brokerage firm. The time involved in stock analysis, however, has usual…
Low metal prices help push commodity index into decline
A decline in metal and mineral prices, as well as forest product and oil and gas prices, offset a large increase in agricultural prices and pushed the commodity price index of Scotiabank down slightly…
Bitterroot in option deal with LAC for Giant Copper
The Giant Copper property owned 100% by LAC Minerals (TSE) was recently optioned to Bitterroot Resources (VSE) under a sale-option agreement. The property is north of Lillooet in south-central British…
Fort Rupert shareholders approve Kingswood takeover
Shareholders of Fort Rupert Resources have cleared the way for a takeover by Kingswood Explorations (ASE). Under the deal, which is subject to regulatory approval, Kingswood will issue one of its shar…
Mt. Milligan decision threatens property market
Junior companies seeking to vend copper-gold porphyry projects to senior companies may face a tougher marketing challenge now that Placer Dome (TSE) has written off its $266-million investment in the …
Teck drilling Dufresnoy play
A 4-hole drilling program is under way on the BarryOr property in Barry Twp., 180 km northeast of Val d’Or, Que., Dufresnoy, Societe d’Exploration Miniere (ME) reports. Program operator Teck (TSE) may…
Western Quebec drills Dubuisson
Two drill rigs are active on the Dubuisson East gold property in the Val d’Or, Que., area, Western Quebec Mines (TSE) reports. Western, which optioned the property from Republic Goldfields (VSE), is t…